Common use of Notice of Allegations Clause in Contracts

Notice of Allegations. Each Party shall notify the other in writing of any allegations it receives from a Third Party that the manufacture, production, use, development, sale or distribution of any Product or any technology or intellectual property licensed by a Party under this Agreement infringes the intellectual property rights of such Third Party. Such notice shall be provided promptly, but in no event after more than fifteen (15) business days, following receipt of such allegations.

Appears in 3 contracts

Samples: Collaboration Agreement (Macrogenics Inc), Collaboration Agreement (Macrogenics Inc), Collaboration Agreement (Macrogenics Inc)

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Notice of Allegations. Each Party shall will notify the other Party in writing of any allegations it receives from a Third Party alleging that the manufacture, production, use, development, sale or distribution Exploitation of any a Licensed Product or the use of any technology or intellectual property licensed by a Party under this Agreement infringes in connection therewith infringes, misappropriates, or otherwise violates the intellectual property rights of such Third Party. Such The applicable Party will provide such notice shall be provided to the other Party promptly, but in no event after more than fifteen (15) business days, [**] following receipt of such allegations.

Appears in 1 contract

Samples: License, Development and Commercialization Agreement (Immatics N.V.)

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